Explaining enterprise performance in developing countries with business climate survey data
By: Jean-Jacques Dethier, Maximilian Hirn, Stephane Straub.
Contributors: Hirn, Maximilian.; Straub, Stephane.; World Bank.
Series: Policy research working paper -- 4792; Policy research working papers (Online) -- 4792.
Publisher: World Bank
Published: 2008
Place of publication: [Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Industrial productivity -- Developing countries; Developing countries -- Economic conditions
Description: "This paper surveys the recent literature which examines the impact of business climate variables on productivity and growth in developing countries using enterprise surveys.  Comparable enterprise surveys today cover some 70,000 firms in over 100 countries around the world.  The literature that has analyzed this data provides evidence that a good business climate drives growth by encouraging investment and higher productivity.  Various infrastructure, finance, security, competition and regulation variables have been shown to significantly impact firm performance.  Section 1 of this paper outlines the theoretical framework that underpins the investment climate literature.  Section 2 describes the available datasets and surveys the key findings of the empirical literature, first macroeconomic and then microeconomic studies.  Particular attention is paid to the robustness of the reported results.  Section 3 highlights important econometric issues common to this literature and suggests a research agenda and possible improvements in survey design. "--World Bank web site.
Notes: Title from PDF file as viewed on 5/8/2009.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.